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Solution of Q 12 Retirement of Partner TS Grewal 2023-24 [CBSE]

Question 12 of 60Chapter 5Class 12 · CBSE✍ Vijay Adarsh

Step-by-step solution of Question 12, Chapter 5 Retirement of a Partner, TS Grewal Class 12 Accountancy 2023-24 for the CBSE Board.

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Question 12

Sunil, Shahid and David are partners sharing profits and losses in the ratio of 4 : 3 : 2. Shahid retires and the goodwill is valued at ₹ 72,000. Calculate Shahid’s share of goodwill and pass the Journal entry for Goodwill. Sunil and David decided to share future profits and losses in the ratio of 5 : 3.

TS Grewal Class 12 Retirement of a Partner Question 12

Solution

Solution of Q 12 Retirement of a Partner TS Grewal 2023-24 part 1
Solution of Q 12 Retirement of a Partner TS Grewal 2023-24 part 2
Stuck on this chapter?Watch it explained in the Class 12 Accounts video courseEvery chapter, step by step, by Vijay Adarsh (23 years teaching).Watch free demo
Solution of Q 12 Retirement of a Partner TS Grewal 2023-24 part 3
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About this solution

This is Chapter 5 Retirement of Partner of TS Grewal Edition 2023-24.

Written by Vijay Adarsh, teaching commerce since 2003 to Class 11, Class 12, B.Com, CA, CS and CMA students.

We have solved all the practical questions in this book and explained them Step by Step in detail with clear working notes.

Also, we have followed the proper format and workings which are required as per CBSE Guidelines. Just follow our presentation of solutions and score good marks in Accountancy Board Exam.

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